356 Gilmour Street

About This Property

Welcome to 356 Gilmour Street, a beautifully maintained century duplex offering historic charm, spacious living, and excellent income potential in one of Ottawa's most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating rental income from the other, this property offers flexibility and long-term value in the heart of Centretown.This classic brick duplex features two well-appointed units generating a combined monthly rental income of $4,004.48, increasing to $4,044/month effective August 1, 2026. The building offers approximately 2,048 sqft of interior living space (excluding basement).Unit 1 features a bright 1-bedroom, 1-bathroom layout with an enclosed rear porch and 1 parking space. Recent updates include fresh paint, a new toilet (2025), flooring improvements, and ongoing maintenance. Heat and water are included, with the tenant responsible for hydro.Unit 2 spans the second and third floors and offers 2 bedrooms plus an additional third-floor room ideal as a bedroom, office, or flex space. The unit includes 1 full bathroom, 1 half bathroom, and 1 parking space. Recent improvements include a new bathtub with ceramic tile surround (2025).Additional property upgrades include triple-glazed windows (2023), completed stacks, a boiler system (2021), and roof replacement (2016). Flooring throughout includes hardwood, vinyl plank, ceramic tile, and carpet.Located in the heart of Centretown, residents enjoy walking access to Bank Street and Elgin Street with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and long-term tenants.Don't miss this opportunity to own a character-filled duplex in one of Ottawa's most vibrant neighbourhoods. Also available:360 Gilmour Street as an additional investment opportunity. Measurements are approx